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Postal Services Act 2011 (Disclosure of Information) Order 2012

My Lords, I share the support of the noble Lord, Lord Young. This is the first occasion on which a parliamentary body has met since we read in the newspapers and heard on the radio that the Post Office pension fund will be transferred to the Government. Perhaps I may rather cheekily ask the noble Baroness whether she is prepared to expand on that, and to say whether that means that the European Commission has approved the transfer. Or is that a cheeky question too far?